Following his visit to Iran, Bolivian President Evo Morales says Tehran has agreed to help his country develop a peaceful nuclear energy program, Press TV reported.
Morales arrived in the Iranian capital for a three-day official visit last Sunday to strengthen bilateral ties and seek more Iranian investment in the South American country.
Morales did not elaborate on the details of his plan for building a nuclear plant, but announced he intends to develop a nuclear power plant and export a part of the electricity it generates, AP reported on Saturday.
During his meetings with Iranian officials, Morales invited Iran to establish a stronger presence in Bolivia. The two countries also signed five Memoranda of Understating (MoU) following talks in Tehran.
Iranian Economy Minister Seyyed Shamseddin Hosseini also signed an initial agreement with his Bolivian counterpart Luis Arce Catacora for the establishment of a joint Iranian-Bolivian bank as well as a line of credit deal.